Deputy Head of Compliance

Michael Page (UK); City Of London; Hybrid; GBP 80,000 - 90,000; Full time

Job summary

An established industry player is seeking a Deputy Head of Compliance to lead their compliance efforts in a dynamic banking environment. This pivotal role involves overseeing compliance monitoring, conducting risk assessments, and ensuring adherence to regulatory standards. The successful candidate will have over a decade of experience in compliance management, with a strong understanding of relevant legislation and the FCA Handbook. This innovative firm offers a hybrid working model and a competitive salary package, making it an exciting opportunity for those looking to make a significant impact in the financial sector.

Benefits

Hybrid working

Strong benefits package

Qualifications

• 10+ years of experience in compliance roles within the banking sector.
• Strong communication skills and stakeholder engagement abilities.

Responsibilities

• Oversee compliance monitoring and conduct risk controls.
• Identify regulatory risks and ensure compliance with legislation.
• Update policies and provide training on conduct risk issues.

Skills

Compliance Monitoring

Risk Assessments

Regulatory Reporting

Stakeholder Engagement

Strong Communication Skills

Understanding of FCA Handbook

Job description

• Growing Compliance team
• Growing International Bank

About Our Client

Our client is a leading International bank based in the city of London.

Job Description

The Deputy Head of Compliance will be responsible for:

• Having a good understanding of relevant legislation, the PRA and FCA Handbooks, and appropriate industry guidance in the context of the business of the Bank.
• Identifying the regulatory risks the bank faces, mitigating controls and making appropriate changes. Ensuring that the Compliance RCSAs are complete and up to date.
• Tracking upstream regulatory change.
• Helping plan, prepare and execute the compliance monitoring programme.
• Overseeing and carrying out conduct risk controls, monitoring the business for conduct risk issues and supporting conduct risk projects. Ensuring appropriate conduct risk management information (MI) is made available to the relevant governance bodies on a timely basis.
• Providing advice and training to the business in respect of conduct risk issues.
• The maintenance and enhancement, where necessary, of the Conduct Risk Framework, considering any emerging conduct risks and regulation.
• Updating policies and procedures as appropriate and ensuring that they are fit for purpose.
• Advising the business to enable it to demonstrate, on an ongoing basis, that it can meet its Consumer Duty and TCF obligations.

The Successful Applicant

The Deputy Head of Compliance should have the following skills:

• A minimum of 10 years of relevant experience within a Deputy or compliance manager role in the banking sector.
• Strong communication skills, with the ability to engage effectively with stakeholders at all levels.
• Experience with compliance monitoring, risk assessments, regulatory reporting, or governance frameworks.
• Full understanding of the FCA Handbook.

What's on Offer

Salary of £80,000 - £90,000
Hybrid working
Strong benefits package